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Auto Players Could Miss Q3 Estimates But This Firm Could Surprise, Says Nomura

Summary by NDTV Profit
Most automobile companies of India are likely to post lower-than-expected numbers in the quarter ended December, according to Nomura, but Ashok Leyland Ltd.'s numbers might positively surprise the market. Among the companies the brokerage sees missing its estimates are Maruti Suzuki India Ltd., Eicher Motors Ltd., Bajaj Auto Ltd., Bharat Forge Ltd., Hyundai Motor India Ltd. and Uno Minda Ltd."Globally, volume growth trends have seen some improve…
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